It’s Cyber Monday

By Exclusive Concepts Blog TeamNovember 28, 2005

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Today is the big day for online retailers. It’s Cyber Monday, the web’s answer to brick-and-mortar stores’ Black Friday. Here are some numbers from the Center for Media Research to put things into perspective:

77% of online retailers said that their sales increased substantially last year on the Monday after Thanksgiving

43% of online retailers plan to offer special promotions and discounts on Cyber Monday

37% of consumers said they will use Internet access at work to browse or buy gifts online this holiday season

More than half of young adults 18-24 (51%) and nearly half of those 25-34 (49%) will be shopping online during work hours

More than 17.1 million web users visited an online shopping site on Friday, marking a 29% increase from the 13.2 million Internet users to visit an e-commerce site on the Friday after last year’s Thanksgiving (MediaPost)

Non-travel online spending during the first 25 days of the holiday season (ending Nov. 25) totaled $6.96 billion, representing a 24% increase over the $5.6 billion posted during the corresponding period in 2004